Enhanced Opening Process For MIAX Options

MIAX Options has amended Exchange Rule 503, Openings on the Exchange, to incorporate a Composite Market into the Exchange’s opening process. The Composite Market considers any quotes from away markets in addition to quotes on MIAX Options when determining whether to open a series. The change to the opening process will be implemented on Monday, March 30, 2020.

Please refer to MIAX Options Regulatory Circular 2020-12 for further information on the Composite Market opening